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Widening trade gap “disappointing” say business leaders

10th October 2012

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Louise Bennett

Louise Bennett

BUSINESS leaders have re-iterated the importance of getting more SMES to export following the release of gloomy trade figures.

The UK's trade deficit more than doubled in August, according to the Office for National Statistics.

The difference in goods and services imported and exported widened to £4.2bn in August, from £1.7bn in July.

The UK's deficit with the 27 countries of the European Union - including the crisis-plagued eurozone - widened to £4.9bn in August from £4.4bn in July.......for the full story register now for free or login below...


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